Tightening pressure on oil
Daily NewsOil fell in Asian trading as investors weighed signs the market is tightening amid ongoing concerns about demand. Brent crude fell to $83 a barrel after rising 1....
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Oil fell in Asian trading as investors weighed signs the market is tightening amid ongoing concerns about demand. Brent crude fell to $83 a barrel after rising 1....
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Two senior Fed officials conveyed the message Thursday that the U.S. central bank is on track to cut interest rates this year, but they emphasized that won’t happ...
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The U.S. and China are discussing new measures to stem a wave of defaults in emerging markets, according to people familiar with the matter. The talks, which incl...
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Fidelity fund manager George Efstathopoulos sold 10- and 30-year U.S. bonds in December. Fidelity International’s Singapore-based fund manager George Efstathopoul...
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Goldman Sachs stated that the Central Bank of the Republic of Turkey maintained its forecast that the easing could start in the third quarter of the year in its a...
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Oil prices continued to rise as signs of tightening in the crude market overcame concerns about weak demand and kept prices in a narrow range. Brent crude was tra...
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California-based chipmaker Nvidia achieved revenue above expectations in the last quarter of 2023, driven by strong demand for artificial intelligence chips. Nvid...
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S&P left its 2024 outlook for monetary policy in the US unchanged International credit rating agency Standard & Poor's (S&P) announced that it left its 2024 outlo...
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In the US, expectations for the dollar to rise against emerging market (EM) currencies have fallen to their lowest level since 2007. Options traders’ expectations...
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Oil prices rose on a rally in Chinese stocks and a weaker dollar as investors weighed on signs of tightening supply amid rising tensions in the Middle East and a ...
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The German Real Estate Federation (ZIA) has predicted that the German government will miss its annual new housing construction target significantly in 2024. The g...
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The central government gross debt stock was determined as 6 trillion 965.1 billion lira as of the end of January. The Ministry of Treasury and Finance announced t...
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Japan’s exports grew by nearly 12 percent in January, led by higher shipments of vehicles, auto parts and machinery. Economists had expected 9.5 percent. Japan’s ...
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The German Central Bank (Bundesbank) has shared its forecast that the German economy will continue to contract in the first quarter of this year. The Bundesbank s...
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Oil held on to gains near the highest in more than three months after another Houthi assault on the Red Sea, as tensions continued to rise in the key region for c...
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Chinese banks have made a record-breaking cut in the mortgage reference rate. As expectations for the Fed’s interest rate cut start date are postponed, investors ...
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China has boosted real estate financing by cutting key credit rates for the first time since June. The People’s Bank of China lowered its five-year benchmark inte...
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Bank of America has updated its target prices for Turkish banks. BofA analyst David Taranto wrote that private banks are “poised for revaluation,” citing expectat...
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The use of the Red Sea and geopolitical risk terms in U.S. balance sheet teleconferences has increased, while concerns are that rising tensions in the Middle East...
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Goldman Sachs has revised upward its year-end target for the S&P 500 Just a few months after setting its 2024 target for the S&P 500, strategists at Goldman Sachs...
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Oil fell from a three-week high as lingering concerns about the demand outlook offset ongoing tensions in the Middle East. Brent crude fell below $83 a barrel aft...
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